Which of the following is not normally a factor causing, Ask an Expert

Accounting

Which of the following is not normally a factor causing high inherent risks for the inventory?

Inventories constitute a large current asset.

There are numerous alternative methods for the valuation of inventory.

The valuation of inventory affects cost of goods sold and net income.

The determination of inventory quality, condition, and value if often complex.

All of the above are inherent risks associated with inventory.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92018020

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